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HomeMy WebLinkAbout25 - Irrevocable Offers of Dedication & Letters of Credit - YESH Bozeman Partners, LLC & State of Montana DNRC - Wheat Drive & Mandeville Homesite Minor Sub. No. 320 Return Original to: City of Bozeman City Clerk 2846472 PO Box 1230 Page 1 of 6 03/14/2025 12:26:50 PM Fee misc 00 Bozeman,MT 59771-1230 Eric Semerad - Gallatin County, MT I IIIIIII IIIIII III 1111111111111111111111111111111111111111111111111111111� IN Irrevocable Offer of Dedication of Public Infrastructure Improvements This Irrevocable Offer to Dedicate ("Offer") is made this Iyik'day of RarGy 2025, by YESH Bozeman Partners,LLC("North Park")5157 US Highway 89 South, Livingston,MT 59047 and consented to by the State of Montana, Department of Natural Resources and Conservation ("DNRC") 1539 111h Avenue, PO Box 201601, Helena, MT 59620-1601. WHEREAS, The State of Montana Department of Natural Resources and Conservation ("DNRC") is the legal owner in fee simple interest of certain real property located in the County of Gallatin, State of Montana, and described as A TRACT OF LAND, BEING A PORTION OF AREA 3, CERTIFICATE OF SURVEY NUMBER 3019, GALLATIN COUNTY, MONTANA, RECORDS, LOCATED IN THE SOUTHWEST QUARTER AND THE SOUTHEAST QUARTER OF SECTION 36, TOWNSHIP 1 SOUTH, RANGE 5 EAST, P.M., M., CITY OF BOZEMAN, GALLATIN COUNTY, MONTANA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF LOT 1 MANDEVILLE HOMESITE MINOR SUBDIVISION NO. 320, A FOUND REBAR AND CAP, FROM WHICH THE SOUTH QUARTER CORNER OF SECTION 36, BEARS S.47°31'46"E. A DISTANCE OF 96.83 FEET; THENCE, ALONG THE EAST LINE OF THE AFORESAID SUBDIVISION,N.0°16'37"E.A DISTANCE OF 431.16 FEET TO THE NORTHEAST CORNER OF THE AFORESAID SUBDIVISION; THENCE, ALONG THE NORTH LINE OF A SEWER AND ACCESS EASEMENT AS RECORDED IN DOCUMENT NUMBER 2131522, GALLATIN COUNTY, MONTANA, RECORDS S.88°47'22"E. A DISTANCE OF 200.32 FEET, MORE OR LESS TO THE WESTERLY RIGHT OF WAY LINE OF WHEAT DRIVE AS SHOWN ON CERTIFICATE OF SURVEY NO. 3019 AND EASEMENT DOCUMENT 2683175, GALLATIN COUNTY, MONTANA, RECORDS; THENCE,ALONG THE AFORESAID WESTERLY RIGHT OF WAY LINE THE FOLLOWING THREE COURSES: S.14'19'16"E. A DISTANCE OF 70.94 FEET, ALONG A CURVE TO THE RIGHT, HAVING A RADIUS OF 255.00 FEET, WHOSE LONG CHORD BEARS S.06051'13"E. 66.28 FEET THROUGH A CENTRAL ANGLE OF 14056'03", FOR AN ARC LENGTH OF 66.46 FEET,AND S.0-36'45"W. 298.03 FEET, MORE OR LESS TO A LINE 60 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SECTION 36; THENCE,N.89054'3 I"W. A DISTANCE OF 150.97 FEET; THENCE,N.85°49'12" W. A DISTANCE OF 73.86 FEET, MORE OR LESS TO THE POINT OF BEGINNING, CONTAINING 2.22 ACRES OF LAND, MORE OR LESS, , on file and of record in the office of the Clerk and Recorder of said County (hereinafter referred to as the "Property"); and WHEREAS, The City of Bozeman("City") acknowledges that DNRC has granted to the City public utility easements, as described on Certificate of Survey No. 3019, recorded as document 2846472 Page 2 of 6 03/14/2025 12:26:50 PM 2683173 by the Gallatin County Clerk and Recorder. The recorded easements provide access to the location of the public infrastructure improvements and do not dedicate or grant ownership of the installed public infrastructure improvements; and WHEREAS, North Park has entered into a commercial lease ("Lease") with DNRC on the Property for a term of 30 years; and WHEREAS, according to the lease terms, specifically term 7.2, North Park holds title to all improvements on the Property during the lease term, subject to a reversionary interest held by DNRC; and WHEREAS,North Park applied to the City of Bozeman (the "City") for approval to undertake development within the City, as defined in Chapter 38, Article 7 of the Bozeman Municipal Code ("BMC"); and WHEREAS, approval of Application 23100 was granted on June 5,2024, by the City in accordance with the provisions of Chapter 38, BMC, hereby incorporated by reference; and WHEREAS, North Park wishes to meet the requirements of Chapter 38, BMC, to provide public access and/or allow simultaneous construction of infrastructure and improvements and which require dedication of public infrastructure improvements to the City pursuant to Section 38.270.030.A.1; and WHEREAS, due to the reversionary interest in the Property owned by DNRC, DNRC must also consent to this Offer; and WHEREAS, the water and sewer public infrastructure improvements and street infrastructure to be installed or constructed on or under the Property ("infrastructure"), and infrastructure and/or interests therein are to be dedicated to the City, free and clear of all encumbrances, pursuant to said final approval of planning application 23100; and, WHEREAS, it is intended that this Offer is irrevocable and shall, upon written acceptance of the public improvements by the City,transfer and dedicate ownership of the public improvements and infrastructure to the City. NOW THEREFORE, in consideration of the granting of, and conditioned upon, the final approval for application no. 23100, North Park hereby offers to dedicate to the City the sewer and water improvements and street infrastructure constructed or be constructed upon the real property as specifically set forth, described and identified in the plans and specifications issued or prepared by DJ&A, P.C. at 220 W Lamme St #113, Bozeman, MT Project 23100 dated June 5, 2024 (with subsequent approved revisions), which are by this reference incorporated in this instrument. DNRC hereby consents to this dedication. 1. Benefit and Burden. This Offer shall run with and burden the Property and all obligations, terms, conditions, and restrictions hereby imposed shall be deemed to be covenants and restrictions running with the land and shall be,upon the issuance of the final approval reference herein, be effective limitations on the use and access of the Property by North Park and DNRC and shall bind the North Park, DNRC and all successors and assigns. This Offer shall benefit the City only so long as said improvements and infrastructures for sewer and water exist on the Property. 2846472 Page 3 of 6 03/14/2025 12:26:50 PM 2. Construction and Validity. If any provision of this Offer is held to be invalid or for any reason becomes unenforceable, no other provision shall be thereby affected or impaired. 3. Successors and Assigns. The terms, covenants, conditions, exceptions, obligations, and reservations contained in this Offer shall be binding upon and inure to the benefit of the successors and assigns of North Park, DNRC and the City whether voluntary or involuntary. 4. Limitations.The construction and other standards adopted or utilized by the City regarding legal form, construction materials, warranty, and all other elements relating to improvements or infrastructure constructed or be constructed pursuant to final approval shall be fully applicable. 5. Term. Upon written acceptance of the public infrastructure improvements by the City,this Offer and the terms, conditions, and restrictions hereof shall exist in perpetuity, shall have the effect of a grant of ownership of the public infrastructure improvements by North Park with the consent of DNRC to the City, subject to the conditions stated herein, and shall run with the land and be binding on the parties,their heirs, assigns, and successors. (remainder of page intentionally left blank) 2846472 Page 4 of 6 03/14/2025 12.26.50 PM YESH Bozeman Partners, LLC By: CA576Y 'TiR17ENS (sign At (print) Its M,0/'A<4� R— STATE OF MONTANA ) ):ss County of"ritatin-A>,�rv- ) On this_k,-o day of�AQV Rk� , 209,E>, before me the undersigned, a Notary Public for the State of Montana, personally appeared _, known to me to be - of and the rson whose name is subscribed to the within`*Instrument and acknowledged to me that he executed the within instrument for and on behalf of `A VV1 \Q)CSL-11U IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the oEv 'HrN d 1, Y%ER �P R�,( F9 NOTARY PUBLIC for the SEAL State of Montana Residing at Livingston,Montana P2� My Commission Expires µo� November 10,2026 otary Pub ' for the State of Montana (Printed me) Residing at k S My Commission expi es k\ / Q_/20'( 2846472 Page 5 of 6 03/14/2025 12:26:50 PM Consented to by: The State of Montana Department of Natural Resources and Conservation, only as the fee simple owner of the Property and holder of a reversionary interest in the infrastructure. By: � � K,IvIr�Ea�l Z (signature) (print) Its I&Vtc QJ$iPA,f :B tcrIeu Lk 6-141 1- STATE OF MONTANA } ):ss County of atinCtwsAC61k) On this —7"k day of Ai(ch . 20 2s> before me the undersigned, a Notary Public for the State of Montana, personally appeared �cc�J�Jobet&gr- , known to me to be RFAB boaaw Ut► of ONKC and the person whose name is subscribed to the within instrument and acknowledged to me that-ltv7 executed the within instrument for and on behalf of Skc,r pA Aoixkoa\p, S"- IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. w C AWREW CLARY < NOTARY PUBLIC for the ?° Stag otmorwrls SEAL RaWkv at Helene,MT (SEAL) �9 P�Q My Conission E)#w OF Am 3,2028 No a lublic the State of Montana 1w1 1OLP f (Printed Name Residing at Lj,*jtAa M� My Commission expires uhe / 3 /20 Z6 2846472 Page 6 of 6 03/1 4/2025 12:26:50 PM ACCEPTED: CITY OF BOZEMAN, MONTANA Interim City Manager �`�: •• ATTEST: V�+• •��' City Clerk •' •. ��3 STATE OF MONTANA ) ss County of Gallatin ) On this Ltlday of 20Zq before me, the undersigned, a Notary Public for the State of Montana, personally appeared CHUCK WINN and MIKE MAAS,known to me to be the Interim City Manager and City Clerk for the City of Bozeman, respectively, and the persons whose names are subscribed to the within instrument, and acknowledged to me that they executed the same for and on behalf of the City of Bozeman. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Se f;,•ctt .� " "Af, JULIE HUNTER °�Jv�HUNrc�9°-; ���JJ��t Public NOTARrq�• :for th6t4&1bf Montana Residing at: o 'AL. Q Bozeman, Montana .,9 P My commission Expires: June 11,2025 Not ry P lic for the ate of Montana (7 LA Al e (Printed Name) Residing at Bozeman, Montana My Commission Expires: L)(V_ _/ II /2025